Internal audit
This query is : Resolved
22 September 2012
respected sir,
as an articled assistant i'm doing internal audit in a company where Fact_ERP accounting software is being used. Sir while vouching purchase vochers, i find purchase order no., Gr no., Party bill no., product code and dates in purchase invoice and goods recipt note, QC, LTR no., transporter's doucuents etc. are attached to it.
sir i get confuse in this information that how should i vouch the purchase invoice.
dear sir please explain me step wise method to do this
as an articled assistant i'm doing internal audit in a company where Fact_ERP accounting software is being used. Sir while vouching purchase vochers, i find purchase order no., Gr no., Party bill no., product code and dates in purchase invoice and goods recipt note, QC, LTR no., transporter's doucuents etc. are attached to it.
sir i get confuse in this information that how should i vouch the purchase invoice.
dear sir please explain me step wise method to do this
22 September 2012
First get a print out in EXCEL. Check the physical bills/ invoices with this excel sheet. Record the observations. Discuss the observations with the concerned person of the department say QC, stores, transport etc.
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